So, the latest Democratic talking points lie concerning the GOP tax reform plan is a simple one: that poor Americans will be hurt by higher taxes. That’s simply untrue. But the media are running with the story anyway. CNN headlines, “Poor Americans would lose billions under Senate GOP tax bill.” The New York Times: “Senate Plan Would Raise Taxes On The Poor, Report Says.” The Washington Post: “Senate tax bill would cut taxes of wealthy and increase taxes on families earning less than $75,000 by 2027.”

How would this outrageous injustice be accomplished?

Opposing Trump: Former President Barack Obama is still traveling the world and meeting with world leaders

Here’s CNN’s analysis, via the Congressional Budget Office:

Poor Americans would lose billions of dollars worth of federal benefits under the Senate GOP tax bill, according to a new Congressional Budget Office report. This is largely because the legislation would eliminate the individual mandate, which requires nearly all Americans to get health insurance or pay a penalty. This would result in 13 million fewer people having coverage in 2027, the CBO found. Many of the folks who would forgo coverage would have lower or moderate incomes and would have qualified for Medicaid or federal help paying their premiums or out-of-pocket health expenses, CBO found.

Liberals viciously attack FLOTUS’ decorations, Christmas dress, ‘Exploiting Black Children’

So, in other words, the GOP Senate tax bill allows individuals not to buy health insurance. How does that take money out of the pockets of the poor? It doesn’t. It simply means they have the option to avoid buying insurance, which means that they wouldn’t take advantage of tax subsidies — but the CBO counts this as a tax increase, since revenue to the Treasury would increase through a drop in payouts. And a huge number of those who would be dropping out of the insurance program are supposedly on Medicaid — which means they won’t drop out at all, since Medicaid is essentially free.

Watch: Trump’s response to North Korea’s new missile launch is why he is president!

Don’t believe the hype. The repeal of the individual mandate isn’t a tax increase on the poor. The poor, like every other income group, will make money on average thanks to this tax reform bill.

Text Example

Free speech is under attack. Share this article on Social Media by clicking the share button, do your part to keep independent journalism going.